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  • Thursday, April 18, 2024

Reuters: CSC in ‘Exploratory’ Talks for Potential Public Sector Division Sale


acquisitionComputer Sciences Corp. (NYSE: CSC) has received interest from three companies in a potential purchase of CSC’s public sector unit and held exploratory discussions with those firms, Reuters reported Thursday.

Reuters lists Booz Allen Hamilton (NYSE: BAH), CACI International (NYSE: CACI) and Leidos (NYSE: LDOS) as the companies interested in a deal for CSC’s public sector unit.

The report surfaces less than a month after CSC announced it plans to split into two separate companies by October, with one firm focused on the U.S. public sector and the other in the commercial and foreign government markets.

Mike Stone and Liana Baker report the Falls Church, Va.-based company received interest in a potential buyout from Capgemini, Hewlett-Packard (NYSE: HP), CGI Group (NYSE: GIB) and many private equity firms prior to CSC’s breakup announcement.

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